Zebra Technologies (NASDAQ:ZBRA) Releases Earnings Results, Beats Estimates By $0.54 EPS

Zebra Technologies (NASDAQ:ZBRA) issued its quarterly earnings results on Tuesday. The industrial products company reported $4.75 EPS for the quarter, topping analysts’ consensus estimates of $4.21 by $0.54, FiscalAI reports. Zebra Technologies had a return on equity of 18.09% and a net margin of 7.76%.The company had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.48 billion. During the same quarter last year, the business earned $4.02 earnings per share. Zebra Technologies’s revenue was up 14.3% on a year-over-year basis. Zebra Technologies updated its FY 2026 guidance to 18.300-18.700 EPS and its Q2 2026 guidance to 4.200-4.500 EPS.

Here are the key takeaways from Zebra Technologies’ conference call:

• Zebra reported strong first-quarter results with sales of nearly $1.5 billion, up 14% year over year, and non-GAAP EPS of $4.75, ahead of expectations.
• The company raised its full-year outlook, now expecting 10%–14% sales growth and $18.30–$18.70 in non-GAAP EPS, citing strong backlog, pipeline momentum, and demand trends.
• Management said it has line of sight to fully mitigate memory cost headwinds through pricing actions, supplier coordination, and product transitions, while maintaining margin guidance for the year.
• Core businesses showed broad strength, with Connected Frontline up 20.6% and Asset Visibility and Automation up 4.8%, led by manufacturing, printing, and machine vision.
• Executives highlighted AI, automation, RFID, and machine vision as long-term growth drivers, and said Zebra is using AI internally and externally to boost productivity and profitability.

Zebra Technologies Trading Up 16.8%

ZBRA stock traded up $36.45 during trading on Tuesday, hitting $253.41. The company had a trading volume of 1,378,138 shares, compared to its average volume of 777,864. Zebra Technologies has a one year low of $199.05 and a one year high of $352.66. The company has a current ratio of 0.97, a quick ratio of 0.58 and a debt-to-equity ratio of 0.66. The business has a 50-day moving average of $217.85 and a 200-day moving average of $241.45. The stock has a market cap of $12.46 billion, a PE ratio of 30.81 and a beta of 1.62.

Insider Transactions at Zebra Technologies

In other news, insider Cristen L. Kogl sold 145 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $235.71, for a total transaction of $34,177.95. Following the transaction, the insider directly owned 23,687 shares of the company’s stock, valued at $5,583,262.77. This represents a 0.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.91% of the company’s stock.

Institutional Investors Weigh In On Zebra Technologies

Several institutional investors have recently bought and sold shares of the stock. State Street Corp grew its holdings in Zebra Technologies by 1.0% during the fourth quarter. State Street Corp now owns 2,263,614 shares of the industrial products company’s stock worth $549,651,000 after buying an additional 21,488 shares in the last quarter. Invesco Ltd. grew its stake in Zebra Technologies by 30.1% in the 4th quarter. Invesco Ltd. now owns 1,801,516 shares of the industrial products company’s stock valued at $437,444,000 after purchasing an additional 416,568 shares during the period. Boston Partners grew its stake in Zebra Technologies by 0.4% in the 3rd quarter. Boston Partners now owns 1,130,117 shares of the industrial products company’s stock valued at $335,940,000 after purchasing an additional 4,237 shares during the period. Victory Capital Management Inc. grew its stake in Zebra Technologies by 28.8% in the 4th quarter. Victory Capital Management Inc. now owns 1,096,040 shares of the industrial products company’s stock valued at $266,140,000 after purchasing an additional 244,890 shares during the period. Finally, Alliancebernstein L.P. grew its stake in Zebra Technologies by 1,310.3% in the 2nd quarter. Alliancebernstein L.P. now owns 779,680 shares of the industrial products company’s stock valued at $240,422,000 after purchasing an additional 724,396 shares during the period. Institutional investors own 91.03% of the company’s stock.

Zebra Technologies News Summary

Here are the key news stories impacting Zebra Technologies this week:

• Positive Sentiment: Zebra beat Q1 expectations with adjusted EPS of $4.75 versus $4.21 expected, and revenue of $1.50 billion versus $1.48 billion expected, with sales up 14.3% year over year. Zebra Technologies Announces First-Quarter 2026 Results
• Positive Sentiment: The company raised FY 2026 EPS guidance to $18.30-$18.70, above the prior consensus estimate of about $17.37, signaling stronger expected profitability. Zebra Technologies Announces First-Quarter 2026 Results
• Positive Sentiment: Second-quarter EPS guidance of $4.20-$4.50 also came in above Wall Street’s estimate of $4.03, reinforcing the case for continued near-term momentum. Reuters article
• Neutral Sentiment: Reuters noted Zebra also lifted its annual sales forecast on strong demand for automation-related products, which supports the growth outlook but did not include major new details beyond the earnings and guidance update. Reuters article

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ZBRA. Needham & Company LLC reiterated a “buy” rating and issued a $345.00 target price on shares of Zebra Technologies in a research report on Friday, February 13th. UBS Group reiterated a “buy” rating and issued a $335.00 target price on shares of Zebra Technologies in a research report on Friday, February 13th. Morgan Stanley set a $323.00 target price on Zebra Technologies in a research report on Thursday, February 12th. Citigroup decreased their target price on Zebra Technologies from $315.00 to $274.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Zebra Technologies in a research report on Wednesday, January 21st. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $321.38.

Zebra Technologies Company Profile

Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.

The company’s product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.